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General Purpose Technologies and Economic Growth: Electricity Diffusion in the Manufacturing Sector Before WWII

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  • Ristuccia, C.A.
  • Solomou, S.

Abstract

This paper evaluates the diffusion of electricity within the context of a GPT perspective. The paper develops a new comparative data set on the usage of electricity in the manufacturing sectors of the US, Britain, France, Germany and Japan and proceeds to evaluate the hypotheses of a productivity slowdown and of a productivity bonus as postulated by many existing GPT models.

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File URL: http://www.econ.cam.ac.uk/research/repec/cam/pdf/cwpe1048.pdf
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Bibliographic Info

Paper provided by Faculty of Economics, University of Cambridge in its series Cambridge Working Papers in Economics with number 1048.

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Date of creation: 29 Sep 2010
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Handle: RePEc:cam:camdae:1048

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Web page: http://www.econ.cam.ac.uk/index.htm

Related research

Keywords: Copyright; General Purpose Technologies; Economic Growth; Economic History; Productivity; Long Swings;

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